Securities Market (Advanced) Module

 INTRODUCTION TO CAPITAL MARKET

A. Fundamental Role
 Equity capital
 Debt capital
 Preference capital

B. Capital Market Segments

 Primary market
 Secondary market

C. Products / Instruments
 Differential Voting Rights (D VR) Shares
 Global Depository Receipt ( GDR) / American Depository
Receipts
 (ADR) Con veritable Preference Shares
 Debentures / Bonds
 Foreign Currency Convertible
 Bonds Government Securities
 Treasury Bills
 Certificate of Deposit (CD)
 Commercial Pares (CP)
 Call Money / Notice Money / Term Money Rep o / reverse
repo

D. Institutions & Intermediaries

E. Indices
F. Capital Assets Pricing Model (CAPM )
G. Reforms in Indian Securities Markets

 FUNDAMENTAL ANALYSIS OF EQUITY

A. Purpose
 1. Fundamental Analysis
2. Technical Analysis

B. Financial Statement Analysis

1. Ratios commonly tracked by company’s Shareholders Ratios to asses.

2. Company’s Margins
3. Asses Company’s Capital Structure Ratios to asses
4. Company’s Solvency
5. Ratios to asses company’s Assets & Liabilities Efficiency
6. Ratios to Asses Company’ Return Generation Efficiency
B. Sector-Specific Ratios

 PRIMARY MARKETS PROCESS

A. Typical Fund Raising Stages
B. IPO Process
C. Why IPO?

 MEMBERSHIP ON EXCHANGES
A. Stock Broker
B. Trading Members
C. Clearing Members
D. Membership Norms
E. Trading Membership – Admission Procedure
F. Trading Membership – Surrender Procedure
G. Trading Membership – Suspension & Expulsion
H. Authorized Persons